Why Costa Rica’s Highway Projects Keep Costing More Than Promised

Costa Rica's highway projects are continually exceeding initial budget estimates and running late, largely because there are only a few major construction firms left to bid on these contracts. With just four firms, two of which operate as a consortium, competition is minimal, allowing higher costs and delays. This situation is problematic because it affects the country's infrastructure development and public trust in government projects. It highlights a need for more competitive bidding processes to ensure better outcomes for taxpayers.